Impinj inc (PI)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Operating activities:
Net loss

-4,326

-7,680

-4,081

-4,158

-7,068

-5,987

-7,070

-7,732

-14,442

-9,334

-4,851

-977

-2,160

103

808

-254

-2,330

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation

1,168

1,172

1,220

1,262

1,155

1,140

1,136

1,138

1,120

1,082

1,021

973

874

-

-

-

-

Stock-based compensation

5,221

6,673

4,793

3,543

3,477

3,304

3,335

2,613

2,065

2,665

2,140

1,253

1,370

1,348

755

328

334

Non-cash restructuring benefit

-

-

-

-

-

0

0

-908

454

-

-

-

-

-

-

-

-

Accretion of discount or amortization of premium on short-term investments

4

42

102

165

197

172

104

83

60

50

-15

-164

59

-

-

-

-

Amortization of debt issuance costs and debt discount

879

-

-

-

18

-

-

-

-

-

-

-

-

-

-

-

-

Revaluation of warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-468

-37

-54

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

660

770

713

Amortization of debt issuance costs

-

-

-

-

-

-

18

18

21

-

24

25

23

-

-

36

48

Changes in operating assets and liabilities:
Accounts receivable

4,371

-1,068

3,543

3,302

-504

-1,126

-428

2,993

-5,221

-3,316

96

4,412

3,630

-102

1,883

3,262

-528

Inventory

-2,390

-2,121

-1,636

-3,309

-3,506

-4,470

-4,083

-1,428

7,623

1,266

2,398

4,230

11,455

7,248

1,258

5,480

1,911

Prepaid expenses and other assets

-368

302

689

-44

-423

-82

473

-303

-561

-161

446

-181

-543

1,280

-142

380

241

Deferred revenue

155

-184

-153

100

167

-93

199

-14

-473

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-366

57

139

-

26

-298

245

Deferred rent

-

-

-

-

-

-84

-89

1,036

-1,123

214

120

-68

925

7

35

91

-47

Accounts payable

1,096

-462

710

-151

949

1,100

-1,353

545

34

1,289

-3,004

-1,071

-50

3,506

-3,914

3,659

632

Accrued compensation and employee related benefits

-1,933

954

-1,011

1,850

-3,279

2,539

-1,061

1,577

-1,236

2,010

-1,859

1,520

-3,406

2,344

1,353

1,105

-1,340

Operating lease right-of-use assets

-657

-648

-637

-449

-419

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

-823

-783

-765

-751

-739

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities and other liabilities

1,368

580

-295

525

-66

-1,613

1,257

-341

307

-

-

-

-

-

-

-

-

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-574

544

147

300

425

-433

1,262

Restructuring liabilities

-

-

-

-

-

-507

-699

-1,363

3,638

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

1,845

4,494

-1,627

2,572

-731

4,928

-393

-4,776

-11,536

-

-

-

-

-

-

-

-

Investing activities:
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-16,621

-

-3,183

-4,155

-2,161

Purchases of investments

-

13,377

22,467

14,347

22,222

18,254

14,243

10,297

8,857

20,238

11,594

0

17,293

-

-

-

-

Proceeds from maturities of investments

14,175

9,949

14,000

14,850

22,944

16,950

14,602

2,950

17,850

26,349

26,364

16,501

7,861

-

-

-

-

Purchases of property and equipment

1,112

1,458

172

494

305

3,316

1,980

373

698

396

2,025

2,911

1,220

1,203

1,279

584

464

Net cash provided by investing activities

13,063

-4,886

-8,639

9

417

-4,620

-1,621

-7,720

8,295

-

-

-

-

-

-

-

-

Financing activities:
Principal payments on finance lease obligations

98

112

127

136

147

183

234

241

242

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-10,652

-

-15,395

-584

-464

Payments on capital lease financing obligations

-

-

-

-

-

-

-

-

-

-

290

277

280

275

332

341

281

Payments on term and equipment loans

-

23,970

0

3,972

250

221

83

0

2,147

1,042

1,042

529

159

87

19,500

33,958

11,775

Proceeds from term loans, net of debt issuance costs

-

-

-

-

-

-29

4,000

0

12,379

-

-

-

-

919

2,583

38,534

19,400

Proceeds from exercise of stock options and employee stock purchase plan

2,014

1,092

5,171

1,028

1,842

62

424

237

1,966

136

1,587

950

1,983

44

198

307

51

Payments of deferred offering costs

-

-

-

-

-

-

-

-

-

-50

0

50

600

-

-

248

69

Net cash provided by financing activities

1,916

50,359

5,044

911

1,445

-371

4,107

-4

11,956

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

16,824

-

-

-

1,131

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

944

-

52,081

4,349

7,326

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-12,500

8,715

-

2,726

7,525

-26,329

-14,299

33,503

-390

4,701

Supplemental disclosure of non-cashflow information:
Purchases of property and equipment not yet paid

94

452

-7

-235

347

-2,951

3,371

-188

281

-

-

-

-

-

-

-

-